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A platform for research: civil engineering, architecture and urbanism
Physical and Human Capital and Brazilian Regional Growth: A Spatial Econometric Approach for the Period 1970-2010
Carvalho R. and Silveira Neto R. Physical and human capital and Brazilian regional growth: a spatial econometric approach for the period 1970-2010, Regional Studies. This paper identifies the determinants of economic growth and analyses the dynamics of income using a panel of 522 Brazilian micro-regions for period 1970-2010. Based on the spatial extension of the Mankiw-Romer-Weil (MRW) model and explicitly considering both physical and human capital, the parameters of a Spatial Durbin Model (SDM) with fixed-effects are estimated. The direct and indirect impacts of the determinants of regional growth are then calculated. The results indicate strong spatial dependence among Brazilian micro-regions and that investments in both physical and human capital are important for the growth of the Brazilian regional economies.
Physical and Human Capital and Brazilian Regional Growth: A Spatial Econometric Approach for the Period 1970-2010
Carvalho R. and Silveira Neto R. Physical and human capital and Brazilian regional growth: a spatial econometric approach for the period 1970-2010, Regional Studies. This paper identifies the determinants of economic growth and analyses the dynamics of income using a panel of 522 Brazilian micro-regions for period 1970-2010. Based on the spatial extension of the Mankiw-Romer-Weil (MRW) model and explicitly considering both physical and human capital, the parameters of a Spatial Durbin Model (SDM) with fixed-effects are estimated. The direct and indirect impacts of the determinants of regional growth are then calculated. The results indicate strong spatial dependence among Brazilian micro-regions and that investments in both physical and human capital are important for the growth of the Brazilian regional economies.
Physical and Human Capital and Brazilian Regional Growth: A Spatial Econometric Approach for the Period 1970-2010
Regional studies ; 50
2016
Article (Journal)
English
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